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Update on state AGs/regulator lawsuits using Dodd-Frank authority

CFPB Monitor

Mishkin Below is an update on the lawsuits we have been following that state attorneys general and a state regulator have brought using their Dodd-Frank enforcement authority. The motion seeks summary judgment on the AG’s Illinois Consumer Fraud Act claim to the extent it relies on internet marketing allegations.

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Fantasy Sports Get A Legal Go-Ahead In New York State

PYMNTS

The New York legislature has given a thumbs-up to fantasy sports, passing a bill early Saturday (June 18) that explicitly legalizes and regulates fantasy sports betting in New York. This is significant since they collectively control 90 percent of the daily sports gaming market.

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